The number of new IT jobs created in calendar year 2023 flattened with just 700 positions added, which signals continued concern among hiring managers around economic uncertainty and growing demand for skills focused on emerging technologies. For comparison, 2022 saw 267,000 jobs added, with industry watchers attributing the dramatic difference to tech layoffs and other cost-cutting measures.
According to Janco Associates, despite companies adding some 21,300 jobs in the fourth quarter of 2023, the overall increase for the entire calendar year still comes to just 700 new positions. Using data from the U.S. Bureau of Labor Statistics analyzed by Janco, the unemployment rate for IT professionals dropped below the national unemployment rate (3.7%).
